For investors, the critical question is are we headed toward Inflation or Deflation. How you answer this question and prepare for what you believe is coming, will be the single most important factor in your investment outcomes over the next five or so years.
There are plenty of smart people on both sides of this argument. Listen to their positions and rationale and then make up your own mind.
Part 1: The Deflationists
Robert Prechter, author and CEO of Elliott Wave International (September 5, 2009)
Harry Dent, author of The Great Depression Ahead: How to Prosper in the Debt Crisis of 2010–2012 (September 26, 2009)